Authored By: Sarah
11 Jul 2024

 House Wraps Market to grow by USD 2600.46 million between 2024-2028

According to a research report “ House Wraps Market” by Application (Commercial, Residential) Type (Non-perforated house wraps, Perforated house wraps) Geography (North America, Europe, APAC, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 2600.46 million at a CAGR of almost 6.77% during the forecast period. House wraps are essential building components that offer moisture management and serve as protective envelopes against air and moisture infiltration. These barriers prevent the accumulation of moisture in walls, thereby mitigating the risk of fungal growth, wood rot, and costly repairs. Moreover, house wraps enhance energy efficiency by reducing heat conduction caused by moisture and limiting air infiltration, thereby maintaining optimal temperature and humidity levels throughout the year. In the house wraps market, these benefits make them indispensable for constructors and homeowners seeking durable, energy-efficient, and aesthetically pleasing building solutions..

Browse market data tables, figures, and in-depth TOC on “House Wraps Market” by Application (Commercial, Residential) Type (Non-perforated house wraps, Perforated house wraps) Geography (North America, Europe, APAC, South America, Middle East and Africa) Global Forecast to 2028.

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By Application, the Commercial segment is projected to dominate the market size in 2024.

In the house wraps market, perforated options are popular due to their cost-effectiveness. These wraps facilitate vapor migration through micro-perforations, yet their water resistance is relatively low. However, the perforations that enable vapor movement also allow for potential air and water infiltration, which could negatively impact building structures over time. For instance, Owens Corning's PINKWRAP, made of coarse woven polypropylene slit film, offers enhanced resistance to air and water penetration, addressing this concern.

By Type, Non-perforated house wraps  segment is expected to hold the largest market size for the year 2024.

In the business world, house wraps have gained significant traction as a crucial element in the construction industry. The commercial sector's adoption of house wraps has surged due to the prioritization of energy efficiency and sustainability in corporate development. House wraps offer essential benefits, such as enhanced air infiltration control, moisture management, and improved thermal performance, making them indispensable components of the building envelope for builders and developers. By utilizing advanced house wrap technologies in large-scale commercial projects, including office buildings and shopping complexes, businesses can provide a comfortable interior climate, reduce heating and cooling expenses, and ensure extended building lifespans.

North America is forecasted to hold the largest market size by region in 2024.

In North America, advanced economies like the US and Canada foster significant infrastructure growth, making them key markets for house wraps. With increasing investments in construction and infrastructure projects, such as the USD19 million Hiland Plaza development by Greater Albuquerque Housing Partnership, the demand for house wraps is poised to expand in the region.

The House Wraps Market t growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Alpha Pro Tech Ltd.
  • Benjamin Obdyke Inc.
  • Berry Global Inc.
  • Builders FirstSource Inc.
  • CNH Industrial NV
  • Compagnie de Saint Gobain
  • CS Fabric International Corp.
  • DuPont de Nemours Inc.
  • ENEOS Holdings Inc.
  • Henry Co.
  • Industrial Development Co. sal
  • Intertape Polymer Group Inc.
  • James Hardie Industries plc
  • Kimberly Clark Corp.
  • Kingspan Group Plc
  • MittenBP
  • Owens Corning
  • Protecto Wrap Co.
  • R.H. Tamlyn and Sons LP
  • Specialty Coating and Laminating LLC
.

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Research Analysis Overview

In the dynamic tech-driven landscape of Silicon Valley, the House Wraps Market faces various macroeconomic challenges. Energy costs, influenced by inflation and disinflation, significantly impact the production and distribution of these building materials. Climate disasters and geopolitical tensions can lead to supply chain disruptions, affecting the competitive position of tech firms in the construction industry. Domain experts conduct pricing analysis and value chain analysis to understand the impact of external factors on the market. Historical pricing data from commercial development projects and digital archives provide valuable insights into commodity trends. Monetary policy decisions and intermediaries' roles in the market also influence the House Wraps Market's trajectory. Social scenarios, political, and economic factors, as well as consumer buying patterns, contribute to the market's volatility. Qualitative data from industry reports and quantitative data from market research firms offer essential information for making informed decisions. Macroeconomic analysis, including commodity pricing and monetary policy, is crucial for understanding the House Wraps Market's competitive landscape. Tech firms must stay informed of these trends to maintain their market position and adapt to the ever-changing market conditions.

Market Research Overview

The House Wraps Market is a significant sector in the construction industry, with tech firms in Silicon Valley and other investor communities showing increasing interest. This market is influenced by various factors, including consumer spending, monetary policy, and geopolitics. Energy costs, inflation, and disinflation are key economic factors that impact manufacturing costs and energy consumption in the production of house wraps. Climate disasters and threats from competition are strategic threats that require a winning imperative for market players. Domain experts predict that synthetic materials like Polyvinyl Chloride (PVC), Polyethylene, and Polypropylene will continue to be the current focus due to their moisture barrier properties. Renovations and commercial property developments require house wraps for insulation and protection against water vapor. Fasteners, tape, clips, nails, and staples are essential intermediaries in the value chain analysis of house wraps. External factors like historical pricing, commodity prices, and political and social scenarios also impact the financial statements and competitive position of house wrap manufacturers. Pricing analysis and value chain analysis are crucial for understanding the macroeconomic factors that influence the house wraps market. Overall, a strategic approach to understanding these factors is essential for staying competitive in this market.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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